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Baru Gold Corp V.BARU

Alternate Symbol(s):  BARUF

Metals & Mining Gold
Baru Gold Corp. is a Canada-based junior gold developer with NI 43-101 gold resources in Indonesia. The Company is focused on developing and producing precious metals projects in Indonesia. The Company’s focus is on developing precious metals projects with significant resource upside potential and near-term production capabilities. The Company’s Sangihe Gold project mineral tenement consists of one block covering the southern half of Sangihe Island, located between the northern tip of Sulawesi Island (Indonesia) and the southern tip of Mindanao (Philippines). The Sangihe Project covers 42,000ha; this includes the Bawone, Binebase prospects on the eastern part of the island and Taware prospect in the south-central region with infrastructure in place. The Company has a 70% interest in the Sangihe project.


TSXV:BARU - Post by User

Baru Gold Corp
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Post by kurtwalteron Oct 18, 2010 2:20pm
776 Views
Post# 17577776

Coffin's interpretation of NR

Coffin's interpretation of NRI am holding.

We met with EAS president Mike Hawkins last

week in Vancouver and were brought up to date on management’s ongoing work to sort out the structural

controls at Miwah. The interpretation has changed somewhat and the new version is clearly one that

management is far more confident about. A combination of NW trending and EW structures are believed to

HRA Special Delivery #425 18 October 2010

2

have shifted the mineralized zone in several places resulting in a zone centered on Miwah that, roughly

speaking, would trend slightly towards the east in both the north and south direction. The interpretation

does appear to explain a number of nearby geochemical and geophysical anomalies but the proof will be in

the drill holes. With more confidence in the potential geometry we think EAS will soon accelerate the

exploration efforts again. We think this is more significant than today’s drill release and our view that EAS

still has upside even after the outsized gains to date is unchanged.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities